Mattel Inc.

Disney showed off its vision for the future of play Tuesday with a new line of smart and wearable toys, called "Playmation." The toys use a combination of Bluetooth, motion sensors and wearable technology that allow children to act out stories in interactive ways. A base set of toys — the starter pack is "Avengers" themed — comes with Iron Man's laser blasting gauntlet, two action figures and two other smart toys for $120. The toys connect with a base hub that can narrate a set of adventures or just provide some basic outlines for a play session (Iron Man's artificial intelligence assistant JARVIS voices the stories). Up to two sets of the toys...